Capital Requirements for Banks’ Exposures to Central Counterparties

Last updated: 04 July 2013

Notice Date : 02 July 2013

RBI/2013-14/113
DBOD.No.BP.BC.28 /21.06.201/2013-14

July 2, 2013

The Chairman and Managing Director/
Chief Executives Officer of
All Scheduled Commercial Banks
(Excluding Regional Rural Banks)

Madam / Dear Sir,

Capital Requirements for Banks’ Exposures to Central Counterparties

Please refer to the paragraph 77 (extract enclosed) of the Monetary Policy Statement for 2013-14 announced on May 3, 2013. It was indicated therein that the final guidelines on capital requirements for banks’ exposures to central counterparties, based on the interim framework of the Basel Committee on Banking Supervision (BCBS), will be issued by end-June 2013.

2. The finalised guidelines on capital requirements for banks’ exposures to central counterparties are annexed. These instructions would become effective from January 1, 2014.

Yours faithfully,

(Chandan Sinha)
Principal Chief General Manager

Please find the attachment for full Circular.